According to the research report titled, ‘Global Fruit & Vegetable Processing Market Size study, by Product type (Fresh, Fresh cut, Canned, Frozen, Dried & Dehydrated, Convenience) by Equipment (Pre-processing, Processing, Washing, Filling, Seasoning, Packaging) And Regional Forecasts 2021-2027,’ available with MarketStudyReport, global fruit & vegetable processing market is anticipated to amass notable gains during 2021-2027.
 

Changing consumer lifestyle and longer shelf-life of processed foods such as canned products are driving the growth of global fruit & vegetable processing market.
 

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In addition, rising investments in research and development activities in the field are positively swaying the industry dynamics. Increasing power & supply prices coupled with high manufacturing costs are, however, likely to hamper the remuneration scope of this industry vertical in the ensuing years.
 

In terms of product type, global fruit & vegetable processing market is segmented into frozen, canned, fresh cut, convenience, dried & dehydrated, and fresh. Based on equipment, the industry is segmented into seasoning, pre-processing, filling, packaging, washing, and processing.
 

Regionally speaking, North America, Europe, Asia Pacific, and Latin America are considered to understand the current trends of this business sphere. Among these, North America holds a substantial share in the overall market and is likely to expand consistently throughout the study period, owing to shifting preferences the consuming healthy diet.
 

Meanwhile, Asia Pacific market is poised to showcase lucrative expansion trends over 2021-2027. This is accreditable to high demand for fresh vegetables and fruits in the region.
 

Key players defining the competitive arena of global fruit & vegetable processing market are Krones India Private Limited, The Kraft Heinz Company, Albertsons International Pvt. Ltd, Olam International Limited, The Kroger Company, Nestle S.A., Greencore Group plc, Dole plc, Conagra Brands Inc., and GEA Group AG.
 

These companies are undertaking various strategic decisions including mergers & acquisitions, collaboration deals, partnerships, R&D investments, and innovative product launches to strengthen heir foothold in the market sphere.